Long-Term Incentive Plan Units (Tables)

9 Months Ended

Sep. 30, 2022

Share-based Payment Arrangement [Abstract]

Unvested LTIP Units

The below table details unvested OP LTIP Units as of September 30, 2022:

Grant Recipient	Number of OP LTIP Units Granted	Grant Date	Vesting Date(1)
Directors:
	24,796	September 13, 2022	September 12, 2023
Dedicated or partially dedicated personnel:
	14,598	December 17, 2020	December 17, 2022
	13,534	March 3, 2021	December 31, 2022
	19,701	December 16, 2021	December 16, 2022
	15,789	December 16, 2021	December 16, 2023
	40,254	March 7, 2022	December 31, 2023
Total unvested OP LTIP Units at September 30, 2022	128,672

(1)Date at which such OP LTIP Units will vest and become non-forfeitable.

Roll-Forward of Company's LTIP Units Outstanding

The following tables summarize issuance and exercise activity of OP LTIP Units for the three- and nine-month periods ended September 30, 2022 and 2021:

	Three-Month Period Ended
	September 30, 2022			September 30, 2021
	Manager	Director/ Employee	Total	Manager	Director/ Employee	Total
OP LTIP Units Outstanding (6/30/2022 and 6/30/2021, respectively)	365,518	350,549	716,067	365,518	264,251	629,769
Granted	—	24,796	24,796	—	16,264	16,264
Exercised	—	(4,066)	(4,066)	—	(5,710)	(5,710)
OP LTIP Units Outstanding (9/30/2022 and 9/30/2021, respectively)	365,518	371,279	736,797	365,518	274,805	640,323
OP LTIP Units Unvested and Outstanding (9/30/2022 and 9/30/2021, respectively)	—	128,672	128,672	—	86,205	86,205
OP LTIP Units Vested and Outstanding (9/30/2022 and 9/30/2021, respectively)	365,518	242,607	608,125	365,518	188,600	554,118

	Nine-Month Period Ended
	September 30, 2022			September 30, 2021
	Manager	Director/ Employee	Total	Manager	Director/ Employee	Total
OP LTIP Units Outstanding (12/31/2021 and 12/31/2020, respectively)	365,518	310,295	675,813	365,518	247,020	612,538
Granted	—	65,050	65,050	—	33,495	33,495
Exercised	—	(4,066)	(4,066)	—	(5,710)	(5,710)
OP LTIP Units Outstanding (9/30/2022 and 9/30/2021, respectively)	365,518	371,279	736,797	365,518	274,805	640,323
OP LTIP Units Unvested and Outstanding (9/30/2022 and 9/30/2021, respectively)	—	128,672	128,672	—	86,205	86,205
OP LTIP Units Vested and Outstanding (9/30/2022 and 9/30/2021, respectively)	365,518	242,607	608,125	365,518	188,600	554,118